Featured in Sunsetting FITs spell new dawn – 02-2019

Cautious optimism

Sentiment in solar stocks improved on the better-than-expected China 2019 outlook. Year-to-date (YTD), the Guggenheim Solar ETF (TAN) increased 19% versus the S&P 500 and Dow that gained 5.3% and 5.4% respectively.

By

pv magazine

25 Feb 2019

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Guggenheim Solat ETF Holdings | Image: Guggenheim/pv magazine

The solar sector’s outperformance was mainly driven by China’s potential new solar policy which reintroduces PV subsidies at the national level. To recall, on May 31, 2018, China announced that traditional utility-scale projects won’t be eligible for the 2018 FIT until an update is provided, and 2018 distributed generation demand would be capped at 10 …

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